Can I retire at age 42 with 825,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator

About Your Retirement ?

Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:

Portfolio ?

% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $825,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$68,128$67,521$66,929$66,351$65,787$64,992
2 years$33,727$33,098$32,490$31,899$31,327$30,527
3 years$22,261$21,630$21,023$20,438$19,875$19,095
4 years$16,529$15,900$15,299$14,725$14,175$13,420
5 years$13,091$12,466$11,873$11,310$10,776$10,049
6 years$10,800$10,180$9,595$9,045$8,526$7,829
7 years$9,164$8,549$7,974$7,436$6,934$6,266
8 years$7,938$7,328$6,762$6,238$5,753$5,113
9 years$6,984$6,380$5,824$5,313$4,845$4,234
10 years$6,222$5,624$5,078$4,580$4,128$3,546
11 years$5,599$5,007$4,470$3,986$3,550$2,996
12 years$5,080$4,494$3,967$3,496$3,076$2,549
13 years$4,641$4,061$3,545$3,087$2,683$2,182
14 years$4,265$3,691$3,185$2,740$2,352$1,877
15 years$3,940$3,372$2,875$2,444$2,071$1,621
16 years$3,655$3,094$2,607$2,188$1,830$1,405
17 years$3,404$2,849$2,372$1,966$1,623$1,221
18 years$3,182$2,633$2,166$1,772$1,443$1,064
19 years$2,983$2,440$1,982$1,601$1,286$929
20 years$2,804$2,267$1,819$1,450$1,149$812
21 years$2,642$2,112$1,674$1,316$1,028$712
22 years$2,496$1,972$1,542$1,196$921$624
23 years$2,362$1,844$1,424$1,090$827$548
24 years$2,239$1,728$1,317$994$743$482
25 years$2,127$1,621$1,220$908$669$424
26 years$2,023$1,524$1,131$830$603$374
27 years$1,928$1,434$1,051$760$543$329
28 years$1,839$1,351$977$696$490$290
29 years$1,756$1,275$909$638$443$256
30 years$1,679$1,204$847$586$400$226
31 years$1,608$1,138$789$538$362$200
32 years$1,540$1,077$736$494$327$176
33 years$1,477$1,020$688$455$296$156
34 years$1,418$967$642$418$268$138
35 years$1,363$917$601$385$243$122
36 years$1,310$870$562$355$220$108
37 years$1,261$826$526$327$199$95
38 years$1,214$785$492$301$181$84
39 years$1,170$747$461$278$164$75
40 years$1,128$711$432$256$149$66
41 years$1,088$676$406$236$135$58
42 years$1,050$644$380$218$122$52
43 years$1,014$614$357$201$111$46
44 years$980$585$335$186$101$40
45 years$948$558$315$172$92$36
46 years$917$532$295$159$83$32
47 years$887$508$278$147$75$28
48 years$859$485$261$135$69$25
49 years$831$463$245$125$62$22
50 years$805$442$231$116$57$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $825,000, adding $3,855 every year, while hoping to spend $33,156 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 33/38/29 Blend
41$825,000$825,000$825,000$825,000
42$913,126$869,401$856,614$935,122
43$970,988$876,724$850,033$959,544
44$1,033,639$883,295$842,120$982,644
45$1,101,535$889,041$832,796$1,006,902
46$1,175,174$893,887$821,977$1,032,444
47$1,255,105$897,750$809,576$1,059,410
48$1,341,930$900,544$795,501$1,087,959
49$1,436,314$902,178$779,658$1,118,266
50$1,538,987$902,553$761,945$1,150,528
51$1,650,752$901,567$742,258$1,184,964
52$1,772,492$899,107$720,487$1,221,819
53$1,905,181$895,058$696,518$1,261,365
54$2,049,889$889,295$670,231$1,303,908
55$2,207,794$881,687$641,500$1,349,785
56$2,380,193$872,094$610,195$1,399,373
57$2,568,514$860,367$576,177$1,453,090
58$2,774,328$846,351$539,305$1,511,405
59$2,999,365$829,878$499,427$1,574,833
60$3,245,531$810,773$456,389$1,643,952
61$3,514,923$788,849$410,026$1,719,401
62$3,809,852$763,908$360,168$1,801,890
63$4,132,859$735,743$306,636$1,892,207
64$4,486,747$704,131$249,245$1,991,228
65$4,874,601$668,838$187,800$2,099,923
66$5,299,816$629,618$122,098$2,219,367
67$5,766,137$586,208$51,927$2,350,754
68$6,277,682$538,331$0$2,495,407
69$6,838,992$485,696$0$2,661,893
70$7,455,067$427,993$0$2,862,342
71$8,131,414$364,895$0$3,082,540
72$8,874,101$296,057$0$3,324,555
73$9,689,810$221,114$0$3,590,673
74$10,585,903$139,682$0$3,883,416
75$11,570,492$51,353$0$4,205,571
76$12,652,510$0$0$4,560,215
77$13,841,803$0$0$4,969,272
78$15,149,213$0$0$5,442,695
79$16,586,688$0$0$5,963,353
80$18,167,393$0$0$6,536,033
81$19,905,828$0$0$7,166,004
82$21,817,973$0$0$7,859,077
83$23,921,431$0$0$8,621,650
84$26,235,600$0$0$9,460,776
85$28,781,851$0$0$10,384,224
86$31,583,732$0$0$11,400,554
87$34,667,187$0$0$12,519,200
88$38,060,806$0$0$13,750,556
89$41,796,086$0$0$15,106,073
90$45,907,738$0$0$16,598,371
91$50,434,004$0$0$18,241,355
92$55,417,025$0$0$20,050,347
93$60,903,234$0$0$22,042,230
94$66,943,798$0$0$24,235,607
95$73,595,095$0$0$26,650,979
96$80,919,250$0$0$29,310,934
97$88,984,718$0$0$32,240,363
98$97,866,933$0$0$35,466,695
99$107,649,015$0$0$39,020,154
100$118,422,560$0$0$42,934,045